# DiDi Autonomous Driving

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/didi-autonomous-driving

- Industry: Transportation Services
- Headquarters: Hangzhou, China
- Total disclosed funding: $1.1B
- Latest round: Series B (Apr 21, 2020)
- Investors on record: 2

## About

Founded in 2017 and based in Hangzhou, China, DiDi Bike operates as a transportation services company that focuses on the operation of a shared bicycle operating brand. It is affiliated with Didi Chuxing. The company has closed 5 rounds of funding by 2023, and its investors include Legend Capital, Softbank China Venture Capital, and Didi Chuxing. In October 2023, DiDi Bike raised a strategic investment for USD 149 million from new investor GAC Capital.

DiDi Bike mainly engages in the operation of Didi Chuxing's shared bicycle brand. Users can search for Qingjie Bicycle in WeChat to enter the small program after the Sesame Credit authentication on the Didi platform. Users need to scan the code on the bicycle to unlock the Bicycle. The company also provides the JieRabbit Power Exchange electric vehicle charging service.

The company generates revenue by providing shared bicycle and related services.

The company will use the strategic investment to further invest in its research and development.

## Funding rounds

- Series B, Apr 21, 2020, $150M — Legend Capital, SB China Venture Capital
- Series A, Apr 17, 2020, $1B — Legend Capital

## Investors

- Legend Capital — Series A, Series B
- SB China Venture Capital (https://capitalatlas.ai/funds/sb-china-venture-capital) — Series B